Plan Ledger DOL Form 5500 · updated monthly

Newmark Homes Houston, LLC401(k)

NEWMARK HOMES 401(K) PLAN · KATY, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Newmark Homes Houston, LLC reported $2,806 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,330 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.007% to 0.013%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,843rd-largest of 5,688 plans among Texas employers on file, and the 1,832nd of 5,337 in construction. In 2024, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,052,984
Participants with balances146
Active participants125
Employer contributions$541,220
Employee contributions$1,442,181
Employer contribution per active participant$4,330
Average account balance$157,897
Benefits paid to participants$622,157
Plan auditUnmodified (clean) audit opinion
AuditorBENTON DUROY&IVEY PC
Plan history2
Yearassets · accounts · employer contribution
2024$23.1M · 146 accts · $541K emplr
2023$19.1M · 139 accts · $498K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,419
Investment management$1,387
Total administrative$2,806
The Newmark Homes Houston, LLC 401(k) match · 2024
Employer contribution per active participant$4,330
Median for plans this size$2,416
2024$4,330 per active participant
2023$3,924 per active participant

Newmark Homes Houston, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,419

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$2,806 · 0.01%
2023$1,134 · 0.01%
Same employer
Similar plansConstruction · Texas
Costello, Inc. TX$23.3M · 0.31%
Stewart Builders, Inc. TX$22.7M · 0.51%
Brazos Paving, Inc. TX$21.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264749016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.